Change Management in Small Business Enterprise : Report
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Added on 2020-07-22
Change Management in Small Business Enterprise : Report
Added on 2020-07-22
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Small Business Enterprise
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 Producing profile of DSCL and identifying its strength and weaknesses........................11.2 Measuring organisation performance using Comparative measures...............................3TASK 2 ...........................................................................................................................................42.1 Suggesting an appropriate action to overcome the identified weaknesses in Business.. .42.2 Identifying the way for maintaining and strengthening organisational performance.......52.3 Suggesting new areas in which business could be expanded...........................................6TASK 3............................................................................................................................................83.1 Assessment of existing business objectives and plans ....................................................83.2 Reviewing business plan in order to make appropriate change.......................................83.3 Formulating an action plan to implement changes...........................................................94.1 Reporting the impact of proposed change on business and its Personnel......................104.2 Planning for managing changes......................................................................................104.3 Monitoring improvement in performance of business ..................................................12CONCLUSION .............................................................................................................................13REFERENCES..............................................................................................................................15
INTRODUCTIONSmall business enterprise refers to the business unit that employs small number ofworkers and does not have high profit and sales. These business organisations are ownedprivately by individual or group of individuals. This type of enterprise are generally regular sizebusiness. These are organisation is considered as small in terms of gaining support fromgovernment and to take advantage of various policies framed by legal authorities. The smallbusiness enterprise consists of Fifteen employees. Small firms can be categorised on the basis oftheir revenue, sales, assets, gross turnover, revenue, profits and employees. The example ofsmall business enterprise includes small grocery stores, bakeries, restaurant, guest houses etc.These small firm have large potential to convert themselves into very large business.The UK government has its focus on providing various opportunities to small businessenterprise. The legal authority has framed and implemented various strategies in order to providethem opportunity to work with government.The DSCL software company is a private limited organisation that has been chosen forconducting the research. DSCL is one of the UK popular computer software company. Theorganisation provides various services such as mobile application, offering online softwareconsultancy.The purpose of the study is to have emphasized on the various procedure involved inchange management, reassessing and improving the performance of small business enterprise.The report intends to provide various information regarding various changes that small firmrequired to make in order to improve management and their business performance.TASK 11.1 Producing profile of DSCL and identifying its strength and weaknessesThe DSCL software firm is the UK leading organisation dealing in technology basedindustry. It is offering cost effective web based application and mobile apps. The businessconsists of 50 employees but major of its issues are being resolved and mange by its CEO. Theorganisation has flat structure.Identification of strength and weakness assist manager in analysing its strength andweakness. It provides an opportunity to organisation to identify various pathways forovercoming their weakness. This activity encourages business entity in make effective use of itsstrength in order to gain competitive advantage.1
Strength WeaknessesBusiness unit consists of highly talented,energetic. Software developers.Its employees has Analytical skills that enablesfirm to examine the customer perception., nedsand demand.The organisation has focus on delivering goodquality applications and mobile apps.The business entity has intelligence andknowledge to develop innovative software thatassist business in meeting their clients needs.They are providing Quality software andapplication at reasonable price.The organisation have partnership agreementwith trustworthy and competent companieslike Virgin Media, Water aid, Ikea ,NHS etc.They believe in creating unique quality ofsoftware and applications that help them indifferentiating their product from that of theircompetitors.It has branded imageCompany has strong sales and distributionnetworks.Minimised cost of labourIt has strong relationship with its suppliers andpartners.Firm is generating high profit and revenue.It is covering large domestic market.Lack of skilled and talented workers.Lack of expertise in designing innovativeapplication.Lack of professionalism.The organisation has limited market share andgrowth.Structure of the organisationThe major weakness is that company isoperating on very small scale.The business's enterprise is unable to maintainits cash flow.Low capital Turnover.DSCL is dominated by injunction leakage andweak inversion current.Ineffective management system and untrainedemployees lead to delay in providing servicesto customer.It does not have capacity to adopt advancetechnology for developing and testingsoftware.Insufficient resources.The lack of experts engineers has lead tounderemphasis on creating unique design ofapplication and software.Poor technology management system.The company is totally dependent on Domesticmarket for generating revenue and profit.Ineffective marketing strategy.The organisation is not offering variety ofapplication and software.2
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